Triveni Turbine Limited announced the outcome of its Board of Directors meeting held on November 11, 2026. The Board approved the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. Additionally, the Board approved the enhancement of a corporate guarantee in favor of its subsidiary, Triveni Turbines Africa Pty Limited, by up to USD 6,000,000, increasing the aggregate facility limit to USD 15,000,000.
Financial Results and Corporate Actions Announced
Triveni Turbine Limited has disclosed the outcomes of its Board of Directors meeting, which convened on Wednesday, November 11, 2026. A key resolution passed was the approval of the unaudited standalone and consolidated financial results of the Company for the second quarter and half-year ending September 30, 2026.
Enhanced Corporate Guarantee for Subsidiary
Further to a previous intimation, the Board has approved the enhancement of a corporate guarantee previously issued in favor of Triveni Turbines Africa Pty Limited (TTAPL), a step-down wholly owned subsidiary. This enhancement is related to a working capital facility (non-fund based) that TTAPL plans to avail. The corporate guarantee has been enhanced by an amount of up to USD 6,000,000, thereby increasing the aggregate facility limit from USD 9,000,000 to USD 15,000,000. The document specifies that in the event of TTAPL’s failure to honor claims under the facility, the bank will have the right to claim the amount from the Company.
Financial Performance Highlights
The company’s unaudited financial statements reveal the following for the quarter ended September 30, 2026:
- Consolidated Total Income from Operations: ₹4,910 million
- Consolidated Net Profit after tax: ₹533 million
- Standalone Total Income from Operations: ₹4,631 million
- Standalone Profit after tax: ₹555 million
For the six months ended September 30, 2026:
- Consolidated Total Income from Operations: ₹9,337 million
- Consolidated Net Profit after tax: ₹1,044 million
- Standalone Total Income from Operations: ₹8,599 million
- Standalone Profit after tax: ₹1,060 million
The meeting commenced at 12:15 PM and concluded at 5:00 PM.
Source: BSE
